Extremum - an indicator of volatility in the market

With Extremum indicator it is possible to construct the maximums and minimums of the price movement, applying a corridor of price volatility for a certain period. This will help to more accurately determine the moments to enter the market, improve the predictive accuracy of reversals.

Extremum - volatility indicator on

It is recommended to pay attention to the moments of contraction volatility - indicator signal in this case more accurately determines the price reversal.

ForTrader.org comments: all in all Extremum indicator very reminiscent of MACD with some additions. Therefore, if we impose, for example, a moving average on it, we can get an additional signal filter.

Download Extremum Indicator

Leave a Reply

Back to top button